Category: Uncategorized

Regulators are probing Comerica after a botched technology upgrade left the bank’s wealth-management unit short millions of dollars. https://ift.tt/4WbF3s2

The U.K. has launched a criminal investigation into alleged fraud at an aircraft-parts supplier suspected of selling jet-engine components with fake safety certificates. https://ift.tt/wy6P0WS

Facebook and Instagram recommend sexual content to underage users and promote minors’ accounts to apparent child predators, the state of New Mexico alleged in a lawsuit against parent company Meta and its CEO. https://ift.tt/bJ0e94Q

Alphabet’s Google unit said it developed a new AI system more powerful than any on the market. https://ift.tt/hTHy2VX

British American Tobacco is booking a $31.5 billion charge to slash the value of its U.S. cigarette business, one of the biggest corporate write-offs in recent history. https://ift.tt/hEgjbr1

Meta will start fully encrypting messages on Facebook and Instagram by default, moving ahead with a privacy measure that government officials have warned could hide illegal activity. https://ift.tt/unscE5I

McKinsey’s new class of partners is roughly a third smaller than usual, according to people familiar with the matter, in the latest sign that economic conditions have dented demand for high-price consultants. https://ift.tt/XK2puBR

What’s News: Business & Finance https://ift.tt/wyvrPRt

Fight for Gaza’s Khan Younis Puts Israel, U.S. on Collision Course https://ift.tt/Yyf6R3t

China’s Exports Snap Monthslong Decline in November https://ift.tt/iBXUkPn